Water project update

Water project update

Posted on 08/14/2019

The Texas Water Development Board approved $13.77 million in funding August 13 for the city’s upcoming water project, which will connect the cities of Willow Park and Hudson Oaks to the water supply in Fort Worth.

The project, when completed, will double the available water supply for Willow Park, providing a strong water infrastructure for local residents and businesses going forward. The City of Willow Park will be able to supply more than 5 million gallons per day once the connection is finished.

In the staff briefing memo distributed to the board prior to yesterday’s meeting, TWDB staff advised the City of Willow Park had “strong financial sustainability indicators” and that “socioeconomic indicators are better than the state overall.” The board’s decision to grant the funding was unanimous, and the city was granted an interest rate of 0.95 percent over a 30-year term.

“We are very excited to receive such a favorable decision from the TWDB,” said City Manager Bryan Grimes. “I’d like to send our thanks to TWDB Board Members Peter Lake, Kathleen Jackson, and Brooke T. Paup, TWDB Executive Director Jeff Walker, and TWDB Team Lead Luis Farias, as well as the City of Hudson Oaks for partnering with us on this project. It’s a huge step forward for the securing the future of Willow Park.”

The project is estimated for completion in either late 2021 or early 2022.